UBS and C Suisse may face tighter rules

Switzerland should adopt stricter capital requirements for UBS and Credit Suisse following the introduction of tighter rules in the U.S. and the U.K., a government-appointed panel recommended, concluding a yearlong review of measures to avoid bailouts.

“Switzerland should be among the countries with the highest standards internationally” for big banks, the panel said in a report published last week, adding that this applies to both of two key measures of financial soundness. “The Swiss lead with regard to risk-weighted requirements is small and the country is somewhat behind the U.S. and the U.K. in the area of leverage ratio.”

Ian Bolland

A journalism graduate of Liverpool John Moores University. During his time at university, Ian spent time on work experience at local newspapers in Liverpool, Bolton and Wigan, and prior to that he did work for The Observer's 'fans verdict'. Ian also has interests in news, current affairs and business but mostly sport, including football, rugby league, cricket, golf and Formula 1, amongst others.